The State Government of Kedah, Property Builder KK and PKB Development Sdn Bhd, signed a memorandum of agreement (MoA – to develop Aman Laut with a gross development value (GDV) of RM1.2 billion.
Ideally situated on the coast of Kuala Kedah on 49.41 hectares of reclaimed land, Aman Laut is a gated community that will be the gateway to the island of Langkawi in addition to offering first-class amenities such as shopping bazaar, food, drink and shop more.
Executive Chairman and Managing Director of Property Builder KK Sdn Bhd, Datuk Iskandar Dzulkarnain said, the development of Aman Laut is expected to transform the property market Kedah.
“This project will also give more choice to first home buyers as showing a mixed development at reasonable prices.
“Made up of luxury bungalows, condominiums, lifestyle centers, fine restaurants, Aman Laut is expected to become a new city located on the coast of Kuala Kedah,” he said at the signing of a memorandum of agreement here, today.
This high profile project will be implemented by the Property Builder, who has over a decade of experience in real estate development Kedah.
Aman Laut development is expected to commence early 2017 with the launch of real estate sales in the first quarter of 2017. – My Metro